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FLORIDA STATE UNIVERSITY FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
FLORIDA STATE UNIVERSITY FOUNDATION INC (EIN 59-6152180)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-12
IRS object ID
202511329349301041
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-12T10:24:29+00:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN350921680PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1401 East Las Olas Blvd Suite 1100AddressLine1Txt
CityFort LauderdaleCityNm
State AbbreviationFLStateAbbreviationCd
ZIP333014230ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN596152180EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Florida State University Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFLORBusinessNameControlTxt
Phone8506446000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1325 W COLLEGE AVENUEAddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32301ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN F CARRIGANPersonNm
Person TitleCFO/ASSISTANT TREASURERPersonTitleTxt
Phone8506446000PhoneNum
Signature2025-05-12SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBrittney KocajPreparerPersonNm
PTINP01320603PTIN
Phone9542028600PhoneNum
Preparation2025-05-12PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN F CARRIGANBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1325 W COLLEGE AVENUEAddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32301ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$268,793,057GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FOUNDATION.FSU.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1960FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTHE FLORIDA STATE UNIVERSITY FOUNDATION ENHANCES THE ACADEMIC MISSION AND VISION OF FLORIDA STATE UNIVERSITY THROUGH ITS ORGANIZED FUNDRAISING ACTIVITIES AND FUNDS MANAGEMENT. THE FSU FOUNDATION ACCOMPLISHES ITS MISSION BY FOSTERING RELATIONSHIPS WITH ALUMNI AND FRIENDS, ADVOCATING CHARITABLE GIVING AND RAISING FUNDS ON BEHALF OF FSU, SOLICITING CONTRIBUTIONS FOR ACADEMIC PURPOSES AS PART OF FSU'S OVERALL ADVANCEMENT EFFORT, INVESTING AND EXPENDING FUNDS TO MEET CURRENT AND FUTURE NEEDS OF FSU, AND STRENGTHENING RELATIONSHIPS WITH DONORS TO FSU.ActivityOrMissionDesc
Voting Members Governing Body44VotingMembersGoverningBodyCnt
Voting Members Independent40VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers476TotalVolunteersCnt
Total Gross UBI$205,167TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$58,540,966PYContributionsGrantsAmt
CY Contributions Grants$54,173,079CYContributionsGrantsAmt
PY Program Service Revenue$770,882PYProgramServiceRevenueAmt
CY Program Service Revenue$1,569,490CYProgramServiceRevenueAmt
PY Investment Income$36,251,518PYInvestmentIncomeAmt
CY Investment Income$52,611,204CYInvestmentIncomeAmt
PY Other Revenue$475,319PYOtherRevenueAmt
CY Other Revenue$719,400CYOtherRevenueAmt
PY Total Revenue$96,038,685PYTotalRevenueAmt
CY Total Revenue$109,073,173CYTotalRevenueAmt
PY Grants And Similar Paid$26,774,443PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$55,380,954CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$11,940,231PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,628,362CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$403,311PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,697,911CYTotalFundraisingExpenseAmt
PY Other Expenses$37,068,024PYOtherExpensesAmt
CY Other Expenses$42,076,719CYOtherExpensesAmt
PY Total Expenses$76,186,009PYTotalExpensesAmt
CY Total Expenses$103,086,035CYTotalExpensesAmt
PY Revenues Less Expenses$19,852,676PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$5,987,138CYRevenuesLessExpensesAmt
Total Assets BOY$996,438,473TotalAssetsBOYAmt
Total Assets EOY$1,064,931,255TotalAssetsEOYAmt
Total Liabilities BOY$23,041,282TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,101,095TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$973,397,191NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,040,830,160NetAssetsOrFundBalancesEOYAmt
MissionTHE FLORIDA STATE UNIVERSITY FOUNDATION ENHANCES THE ACADEMIC MISSION AND VISION OF FLORIDA STATE UNIVERSITY THROUGH ITS ORGANIZED FUNDRAISING ACTIVITIES AND FUNDS MANAGEMENT. THE FSU FOUNDATION ACCOMPLISHES ITS MISSION BY FOSTERING RELATIONSHIPS WITH ALUMNI AND FRIENDS, ADVOCATING CHARITABLE GIVING AND RAISING FUNDS ON BEHALF OF FSU, SOLICITING CONTRIBUTIONS FOR ACADEMIC PURPOSES AS PART OF FSU'S OVERALL ADVANCEMENT EFFORT, INVESTING AND EXPENDING FUNDS TO MEET CURRENT AND FUTURE NEEDS OF FSU, AND STRENGTHENING RELATIONSHIPS WITH DONORS TO FSU.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$74,275,619ExpenseAmt
Grant$55,380,954GrantAmt
Revenue$2,180,676RevenueAmt
DescTHE FLORIDA STATE UNIVERSITY FOUNDATION EXPENDS FUNDS FOR PURPOSES THAT ENHANCE THE ACADEMIC MISSION OF FLORIDA STATE UNIVERSITY. ACADEMIC SUPPORT INCLUDES SALARIES, SCHOLARSHIPS & FELLOWSHIPS, RESEARCH, CAPITAL FUNDING, EQUIPMENT & SUPPLIES, TRAVEL, AND OTHER EXPENSES. THIS SUPPORT HELPS THE UNIVERSITY'S OUTSTANDING FACULTY INSPIRE STUDENTS, FOSTER AND ENHANCE STRONG ACADEMIC PROGRAMS, AND SERVE AS A KEY ELEMENT TO INSTITUTIONAL GREATNESS. EMINENT SCHOLARS AND PROFESSORSHIPS ARE PRESTIGIOUS POSITIONS HELD BY THE UNIVERSITY'S MOST ACCOMPLISHED FACULTY. SPENDING TO SUPPORT THESE POSITIONS MEANS THAT ACADEMIC EXCELLENCE WILL BE MAINTAINED. CURRICULUM DEVELOPMENT, INTERNSHIPS, INTERDISCIPLINARY WORK, EXPERIENTIAL LEARNING AND ACADEMIC ENRICHMENT ALL REQUIRE PRIVATE SUPPORT.Desc
Total Program Service Expenses$74,275,619TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document25IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form1098 C FiledYes (true)Form1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members44GoverningBodyVotingMembersCnt
Independent Voting Member40IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldALStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldIAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldLAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNMStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldAZStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldUTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldARStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN F CARRIGANBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8506446000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1325 W COLLEGE AVENUEAddressLine1Txt
CityTALLAHASSEECityNm
State AbbreviationFLStateAbbreviationCd
ZIP32301ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (57 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
Christopher E Iansiti
Trustee/Chair1.00Yes (X)Yes (X)$0$0$0
Craig T Lynch Partial Year
Trustee/Chair-elect1.00Yes (X)Yes (X)$0$0$0
Frank A Hall
Trustee/Treasurer1.00Yes (X)Yes (X)$0$0$0
Sean Pittman
Trustee/Secretary1.00Yes (X)Yes (X)$0$0$0
Agnes F Stoops
Trustee1.00Yes (X)$0$0$0
Andrea K Friall
Trustee1.00Yes (X)$0$0$0
Ashbel C Williams
Trustee1.00Yes (X)$0$0$0
Brian K Williams
Trustee/Ex Officio Voting, UBOT Designee1.00Yes (X)$0$0$0
Bridgett Y Birmingham
Trustee/Ex Officio Voting, Faculty Senate President1.040.0Yes (X)$0$96,997$26,274
Bruce W McNeilage
Trustee1.00Yes (X)$0$0$0
Catherine M Johnson
Trustee1.00Yes (X)$0$0$0
Charles R Cottrell
Trustee1.00Yes (X)$0$0$0
Diahann W Lassus
Trustee1.00Yes (X)$0$0$0
Eric Muoz
Trustee1.00Yes (X)$0$0$0
Fred M Tresca
Trustee1.00Yes (X)$0$0$0
Henri W Crockett
Trustee1.00Yes (X)$0$0$0
Inez E Cohen
Trustee1.00Yes (X)$0$0$0
James L Lee
Trustee1.00Yes (X)$0$0$0
Jay B Johnson
Trustee1.00Yes (X)$0$0$0
Jay F Steele
Trustee1.00Yes (X)$0$0$0
John W Thiel
Trustee/Ex Officio Voting, UBOT Advancement Committee1.00Yes (X)$0$0$0
Judith Hayden
Trustee1.00Yes (X)$0$0$0
Kristian Denny
Trustee1.00Yes (X)$0$0$0
Kyle D Riva
Trustee1.01.0Yes (X)$0$0$0
Lance A Barton
Trustee1.00Yes (X)$0$0$0
Lee F Hinkle
Trustee1.00Yes (X)$0$0$0
Marilyn J Young
Trustee1.00Yes (X)$0$0$0
Mart P Hill
Trustee1.00Yes (X)$0$0$0
Michael C Poland
Trustee1.00Yes (X)$0$0$0
Michael T Queen
Trustee/Ex Officio Voting, Provost-Appointed Dean1.040.0Yes (X)$0$268,461$49,669
Nancy McKay
Trustee/Immediate Past Chair1.010.0Yes (X)$0$10,052$0
Paula P Smith
Trustee1.00Yes (X)$0$0$0
Ralph R Gonzalez
Trustee1.00Yes (X)$0$0$0
Richard D McCullough
Trustee/Ex Officio Voting, FSU President1.042.0Yes (X)$0$1,365,751$131,166
Robert A Johnson
Trustee1.00Yes (X)$0$0$0
Robert E Rice Partial Year
Trustee1.00Yes (X)$0$0$0
Russell T Kohl
Trustee1.00Yes (X)$0$0$0
Ruth R Akers Partial Year
Trustee1.00Yes (X)$0$0$0
Scott G Price
Trustee1.00Yes (X)$0$0$0
Steven J Mudder
Trustee1.00Yes (X)$0$0$0
Thomas Bartelmo
Trustee1.00Yes (X)$0$0$0
Timothy S Gunning
Trustee1.00Yes (X)$0$0$0
Tom C Haney
Trustee1.00Yes (X)$0$0$0
Urielle J Laurent
Trustee/Ex Officio Voting, Chair, Student Foundation1.00Yes (X)$0$0$0
William E Coen
Trustee1.00Yes (X)$0$0$0
William T Hold
Trustee/Ex Officio Voting, Presidential Appointee1.00Yes (X)$0$0$0
Yvonne T Brown
Trustee1.00Yes (X)$0$0$0
Caroline C Poole
Assistant VP of Adv., Strategic Initiatives/Assistant Secretary40.00.0Yes (X)$0$165,045$39,932
John F Carrigan
CFO/Assistant Treasurer38.02.0Yes (X)$0$166,261$82,235
Marla A Vickers
VP for University Advancement & Foundation President10.030.0Yes (X)$0$447,999$51,487
David James VanLone
Sr. Director of Development, College of Business40.00.0$0$160,676$39,056Yes (X)
James A McNeill
Sr. Director of Development, College of Medicine40.00.0$0$170,208$32,700Yes (X)
Jeffrey T Bauer
Director, Information Services40.00.0$0$170,139$27,631Yes (X)
Nancy B Smilowitz
Sr. Director of Development, College of Arts and Sciences40.00.0$0$170,454$26,718Yes (X)
Steven Mark Terman
Sr. Director of Development, The John and Mable Ringling Museum of Art40.00.0$0$160,969$38,707Yes (X)
Michael Hartline
Former Interim Foundation President0.040.0$0$431,897$39,546Yes (X)
Thomas Block
Former VP Adv. Relations/Assistant Secretary0.040.0$0$156,147$25,021Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$3,941,056TotReportableCompRltdOrgAmt
Total Other Compensation$610,142TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CAMBRIDGE ASSOCIATES
PO BOX 10317UNIONDALENY115550317INVESTMENT CONSULTING$1,599,444
FREEMAN PHILANTHROPIC SERVICES
315 WEST 23 STREETNEW YORKNY10011EMPLOYEE RECRUITING$356,399
PLUS DELTA PARTNERS
6965 EL CAMINO REALCARLSBADCA92009EMPLOYEE TRAINING$286,885
GRENZEBACH GLIER & ASSOCIATES
PO BOX 775324CHICAGOIL60677CAMPAIGN CONSULTING$221,373
RSM US LLP
5155 PAYSPHERE CIRCLECHICAGOIL606740051ACCOUNTING SERVICES$182,722
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K12CntrctRcvdGreaterThan100KCnt
Fundraising$242,071FundraisingAmt
Related Organizations$1,757,999RelatedOrganizationsAmt
Government Grants$1,813,178GovernmentGrantsAmt
All Other Contributions$50,359,831AllOtherContributionsAmt
Noncash Contributions$7,379,946NoncashContributionsAmt
Total Contributions$54,173,079TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
REGISTRATION/ADMINISTRATION561000$1,498,740$1,498,740$0$0
SPONSORSHIPS561000$70,750$0$0$70,750

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,569,490TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$12,496,626TotalRevenueColumnAmt
Unrelated Business Revenue$60,731UnrelatedBusinessRevenueAmt
Exclusion$12,435,895ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$89,469TotalRevenueColumnAmt
Exclusion$89,469ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$199,730,791SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$159,616,213SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$40,114,578SecuritiesAmt
Other$0OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$40,114,578TotalRevenueColumnAmt
Unrelated Business Revenue$144,136UnrelatedBusinessRevenueAmt
Exclusion$39,970,442ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$51,366FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$242,071ContriRptFundraisingEventAmt
Fundraising Direct Expenses$103,671FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$52,305TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$52,305ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$682,236TotalRevenueColumnAmt
Related Or Exempt Func Income$681,936RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$300UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$682,236OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$109,073,173TotalRevenueColumnAmt
Related Or Exempt Func Income$2,180,676RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$205,167UnrelatedBusinessRevenueAmt
Exclusion$52,514,251ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$55,380,954TotalAmt
Program Services$55,380,954ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$278,016TotalAmt
Program Services$6,875ProgramServicesAmt
Fundraising$271,141FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,979,821TotalAmt
Management And General$2,563,851ManagementAndGeneralAmt
Fundraising$1,415,970FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$451,145TotalAmt
Management And General$301,132ManagementAndGeneralAmt
Fundraising$150,013FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$631,507TotalAmt
Management And General$368,294ManagementAndGeneralAmt
Fundraising$263,213FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$287,873TotalAmt
Management And General$178,040ManagementAndGeneralAmt
Fundraising$109,833FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$20,283TotalAmt
Program Services$20,233ProgramServicesAmt
Fundraising$50FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$280,400TotalAmt
Program Services$46,000ProgramServicesAmt
Management And General$234,400ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$255,888TotalAmt
Program Services$255,888ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$17,197,844TotalAmt
Management And General$17,197,844ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$5,147,226TotalAmt
Program Services$3,931,725ProgramServicesAmt
Management And General$65,619ManagementAndGeneralAmt
Fundraising$1,149,882FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,473,903TotalAmt
Program Services$1,345,498ProgramServicesAmt
Management And General$8,995ManagementAndGeneralAmt
Fundraising$119,410FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,010,995TotalAmt
Program Services$2,982,156ProgramServicesAmt
Management And General$233,025ManagementAndGeneralAmt
Fundraising$795,814FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$191,692TotalAmt
Program Services$144,567ProgramServicesAmt
Management And General$44,925ManagementAndGeneralAmt
Fundraising$2,200FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$211,218TotalAmt
Program Services$211,162ProgramServicesAmt
Fundraising$56FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,501,763TotalAmt
Program Services$1,130,438ProgramServicesAmt
Management And General$361,538ManagementAndGeneralAmt
Fundraising$9,787FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,478,811TotalAmt
Program Services$3,132,527ProgramServicesAmt
Management And General$19,656ManagementAndGeneralAmt
Fundraising$326,628FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$173,643TotalAmt
Program Services$150,361ProgramServicesAmt
Management And General$15,102ManagementAndGeneralAmt
Fundraising$8,180FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$30,266TotalAmt
Management And General$29,440ManagementAndGeneralAmt
Fundraising$826FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$555,804TotalAmt
Management And General$492,738ManagementAndGeneralAmt
Fundraising$63,066FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$225,721TotalAmt
Program Services$83,591ProgramServicesAmt
Management And General$138,466ManagementAndGeneralAmt
Fundraising$3,664FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Campus & Donor Engagement$4,689,755$4,107,371$20,420$561,964
Books, journals & subscriptions$1,160,664$635,418$187,866$337,380
Faculty/Staff Recruitment Exp.$444,102$15,167$428,935$0
Membership dues and fees$418,831$367,843$8,619$42,369

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$607,910TotalAmt
Program Services$327,845ProgramServicesAmt
Management And General$213,600ManagementAndGeneralAmt
Fundraising$66,465FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$103,086,035TotalAmt
Program Services$74,275,619ProgramServicesAmt
Management And General$23,112,505ManagementAndGeneralAmt
Fundraising$5,697,911FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$15,180,288BOYAmt
EOY$2,254,830EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$60,818,585BOYAmt
EOY$59,174,318EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$51,386,749BOYAmt
EOY$46,220,191EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$51,411BOYAmt
EOY$50,558EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$248,783BOYAmt
EOY$231,796EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$8,639,894LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,456,266LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,328,181BOYAmt
EOY$5,183,628EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$111,181,130BOYAmt
EOY$110,473,881EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$714,830,045BOYAmt
EOY$810,731,036EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$37,413,301BOYAmt
EOY$30,611,017EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$996,438,473BOYAmt
EOY$1,064,931,255EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$127,460BOYAmt
EOY$752,156EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,336,883BOYAmt
EOY$1,336,883EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$2,388,520BOYAmt
EOY$2,120,088EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,188,419BOYAmt
EOY$19,891,968EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,041,282BOYAmt
EOY$24,101,095EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$252,727,696BOYAmt
EOY$247,409,932EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$2,991,436BOYAmt
EOY$3,168,082EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$717,678,059BOYAmt
EOY$790,252,146EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$973,397,191BOYAmt
EOY$1,040,830,160EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$996,438,473BOYAmt
EOY$1,064,931,255EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$5,987,138ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$61,445,831NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$31,219,093CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$38,070,626CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$49,292,930CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$51,782,803CurrentTaxYearMinus1YearAmt
Current Tax Year$54,173,079CurrentTaxYearAmt
Total$224,538,531TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,132,978CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,344,806CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,503,388CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,758,163CurrentTaxYearMinus1YearAmt
Current Tax Year$8,514,259CurrentTaxYearAmt
Total$36,253,594TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$38,352,071CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$45,415,432CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$55,796,318CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$58,540,966CurrentTaxYearMinus1YearAmt
Current Tax Year$62,687,338CurrentTaxYearAmt
Total$260,792,125TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$2,861,281SubstantialContributorsTotAmt
Public Support Total170$257,930,844PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,484,451CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,364,349CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,159,679CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,625,462CurrentTaxYearMinus1YearAmt
Current Tax Year$12,586,095CurrentTaxYearAmt
Total$43,220,036TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$600CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,505CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,660CurrentTaxYearMinus1YearAmt
Current Tax Year$300CurrentTaxYearAmt
Total$7,065TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,218,307CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$260,463CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$507,377CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$568,798CurrentTaxYearMinus1YearAmt
Current Tax Year$733,302CurrentTaxYearAmt
Total$3,288,247TotalAmt
FieldValueIRS element (for citing)
Total Support$307,307,473TotalSupportAmt
Gross Receipts Rltd Activities$4,300,428GrossReceiptsRltdActivitiesAmt
Public Support CY1700.8393PublicSupportCY170Pct
Public Support PY1700.8436PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule A, Part II, Line 10 Other IncomeFormAndLineReferenceDesc
ExplanationDESCRIPTION - OTHER MISCELLANEOUS INCOME, COLUMN A - 1164463.0, COLUMN B - 247778.0, COLUMN C - 483405.0, COLUMN D - 496415.0, COLUMN E - 681936.0, COLUMN F - 3073997.0; DESCRIPTION - GROSS INCOME FROM FUNDRAISING EVENTS, COLUMN A - 53844.0, COLUMN B - 12685.0, COLUMN C - 23972.0, COLUMN D - 72383.0, COLUMN E - 51366.0, COLUMN F - 214250.0;ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementfalsePaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$255,888DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesfalseOtherActivitiesInd
Total Lobbying Expenditures$255,888TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITYFormAndLineReferenceDesc
ExplanationFEES OF $255,888 WERE PAID TO CONSULTANTS FOR SERVICES TO SUPPORT THE INTERESTS OF FLORIDA STATE UNIVERSITY; NO PAYMENTS WERE IN SUPPORT OF, OR IN OPPOSITION TO, ANY CANDIDATE FOR POLITICAL OFFICE.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$717,678,059BeginningYearBalanceAmt
Contributions$4,109,516ContributionsAmt
Investment Earnings Or Losses$99,988,523InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,732,489GrantsOrScholarshipsAmt
Other Expenditures$13,717,381OtherExpendituresAmt
Administrative Expenses$10,074,082AdministrativeExpensesAmt
End Year Balance$790,252,146EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$676,213,963BeginningYearBalanceAmt
Contributions$1,051,002ContributionsAmt
Investment Earnings Or Losses$70,725,617InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,794,159GrantsOrScholarshipsAmt
Other Expenditures$13,479,169OtherExpendituresAmt
Administrative Expenses$9,039,195AdministrativeExpensesAmt
End Year Balance$717,678,059EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$690,591,769BeginningYearBalanceAmt
Contributions$4,269,628ContributionsAmt
Investment Earnings Or Losses$10,026,681InvestmentEarningsOrLossesAmt
Grants Or Scholarships$7,277,915GrantsOrScholarshipsAmt
Other Expenditures$13,305,953OtherExpendituresAmt
Administrative Expenses$8,090,247AdministrativeExpensesAmt
End Year Balance$676,213,963EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$489,492,453BeginningYearBalanceAmt
Contributions$17,062,452ContributionsAmt
Investment Earnings Or Losses$208,225,102InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,923,468GrantsOrScholarshipsAmt
Other Expenditures$10,978,286OtherExpendituresAmt
Administrative Expenses$7,286,484AdministrativeExpensesAmt
End Year Balance$690,591,769EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$499,422,801BeginningYearBalanceAmt
Contributions$17,106,296ContributionsAmt
Investment Earnings Or Losses-$4,670,609InvestmentEarningsOrLossesAmt
Grants Or Scholarships$5,362,634GrantsOrScholarshipsAmt
Other Expenditures$9,873,845OtherExpendituresAmt
Administrative Expenses$7,129,556AdministrativeExpensesAmt
End Year Balance$489,492,453EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.0317BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.6866PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.2817TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,619,876OtherCostOrOtherBasisAmt
Book Value$1,619,876BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,605,272OtherCostOrOtherBasisAmt
Depreciation$1,110,075DepreciationAmt
Book Value$3,495,197BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,399,345OtherCostOrOtherBasisAmt
Depreciation$2,346,191DepreciationAmt
Book Value$53,154BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,401OtherCostOrOtherBasisAmt
Book Value$15,401BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$5,183,628TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (5 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
FIXED INCOME$11,077,006F
EQUITIES$427,343,579F
HEDGE FUNDS$101,331,249F
LIMITED PARTNERSHIPS$269,164,311F
REAL ASSETS$1,814,891F
FieldValueIRS element (for citing)
Total Book Value Securities$810,731,036TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
ANNUITY OBLIGATIONS$3,953,164
SPLIT-INTEREST AGREEMENTS FOR REMAINDER INTERESTS$4,202,351
TRUSTS HELD BY OTHERS$8,608,696
DUE TO RELATED ORGANIZATIONS$2,833,956
SBITA LIABILITIES$293,801
FieldValueIRS element (for citing)
Total Liability$19,891,968TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$161,939,090TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$61,445,831NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$8,514,259DonatedServicesAndUseFcltsAmt
Other Revenue$103,671OtherRevenueAmt
Revenue Not Reported$70,063,761RevenueNotReportedAmt
Revenue Subtotal$91,875,329RevenueSubtotalAmt
Investment Expenses Not Incld$17,197,844InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$17,197,844RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$109,073,173TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$94,506,121TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$8,514,259DonatedServicesUseFcltsAmt
Other Expenses Included$103,671OtherExpensesIncludedAmt
Expenses Not Reported$8,617,930ExpensesNotReportedAmt
Expenses Subtotal$85,888,191ExpensesSubtotalAmt
Investment Expenses Not Incld2$17,197,844InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$17,197,844ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$103,086,035TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part V, Line 4 Intended uses of endowment fundsSPENDING FROM THE FOUNDATION'S ENDOWMENTS SUPPORTS THE ACADEMIC ACTIVITIES OF THE UNIVERSITY INCLUDING SCHOLARSHIPS AND PROGRAMS.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnotePursuant to a determination letter received from the Internal Revenue Service (IRS), the Foundation is a non-profit corporation exempt from federal income taxes under Internal Revenue Code Section 501(c)(3), with the exception of any unrelated business income. The Foundation has reviewed its tax status and related filings and determined that there are no uncertain tax positions that would have a material impact on the financial statements for which an obligation needs to be recorded.
Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990FUNDRAISING EVENT EXPENSES - 103671
Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990FUNDRAISING EVENT EXPENSES - 103671

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Central America and the Caribbean00InvestmentsN/A$93,317,563
Europe (Including Iceland and Greenland)00InvestmentsN/A$20,756,138
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$114,073,701SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$114,073,701TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule F, Part I, Line 3 Method used to account for expenditures on org's financial statementsFormAndLineReferenceDesc
ExplanationCENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-AccrualExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1FSU PC ANNUAL GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$86,479GrossReceiptsEvent1Amt
Charitable Contri Event1$78,220CharitableContriEvent1Amt
Gross Revenue Event1$8,259GrossRevenueEvent1Amt
Cash Prizes Event1$3,000CashPrizesEvent1Amt
Non Cash Prizes Event1$11,314NonCashPrizesEvent1Amt
Rent Facility Costs Event1$9,000RentFacilityCostsEvent1Amt
Food And Beverage Event1$5,685FoodAndBeverageEvent1Amt
Entertainment Event1$0EntertainmentEvent1Amt
Other Direct Expenses Event1$3,716OtherDirectExpensesEvent1Amt
Event2FSU PC ANNUAL DINNEREvent2Nm
Gross Receipts Event2$77,295GrossReceiptsEvent2Amt
Charitable Contri Event2$59,375CharitableContriEvent2Amt
Gross Revenue Event2$17,920GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$0NonCashPrizesEvent2Amt
Rent Facility Costs Event2$0RentFacilityCostsEvent2Amt
Food And Beverage Event2$21,284FoodAndBeverageEvent2Amt
Entertainment Event2$7,656EntertainmentEvent2Amt
Other Direct Expenses Event2$16,101OtherDirectExpensesEvent2Amt
Other Events Total6OtherEventsTotalCnt
Gross Receipts Other Events$129,663GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$104,476CharitableContriOtherEventsAmt
Gross Revenue Other Events$25,187GrossRevenueOtherEventsAmt
Cash Prizes Other Events$700CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$1,665NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$9,170RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$7,329FoodAndBeverageOtherEventsAmt
Entertainment Other Events$408EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$6,643OthDirectExpnssOtherEventsAmt
Gross Receipts Total$293,437GrossReceiptsTotalAmt
Charitable Contributions Tot$242,071CharitableContributionsTotAmt
Gross Revenue Total Events$51,366GrossRevenueTotalEventsAmt
Cash Prizes Total Events$3,700CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$12,979NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$18,170RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$34,298FoodAndBeverageTotalEventsAmt
Entertainment Total Events$8,064EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$26,460OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$103,671DirectExpenseSummaryEventsAmt
Net Income Summary-$52,305NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (4 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxt
THE FLORIDA STATE UNIVERSITY
282 CHAMPION WAYUCA 2200TALLAHASSEEFL32306591961248501(C)3$54,168,080$187,374FMV9 GUITARS FROM COLLECTION, 2013 DODGE CHARGER & ECHOSENS MEDICAL EQUIPMENTSUPPORT SCHOLARSHIPS AND UNIVERSITY PROGRAMS
THE FLORIDA STATE UNIVERSITY ALUMNI ASSOCIATION
1030 W TENNESSEE STREETTALLAHASSEEFL32304590705420501(C)(3)$750,500SUPPORT FOR THE ALUMNI ASSOCIATION
FSU RESEARCH FOUNDATION
2000 LEVY AVENUEBUILDING ATALLAHASSEEFL32310593211153501(C)(3)$175,000SUPPORT FOR THE RESEARCH FOUNDATION
FSU REAL ESTATE FOUNDATION
200 WEST COLLEGE AVENUETALLAHASSEEFL32301452337977501(C)(3)$100,000SUPPORT FOR THE REAL ESTATE FOUNDATION
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY OVERSEES THE GRANT PROCESS. UNIVERSITY PERSONNEL DETERMINE WHO WILL RECEIVE AWARDS AND HOW THEY ARE AWARDED BASED ON THE DONOR RESTRICTIONS OF EACH FUND. ONCE GRANT SELECTIONS ARE MADE, A PAYMENT REQUEST IS INITIATED AND APPROVED BY UNIVERSITY PERSONNEL. EACH GRANT IS THEN AUDITED BY FOUNDATION STAFF TO ENSURE THAT IT MEETS THE DONOR'S INTENT BEFORE PAYMENT IS MADE. THE UNIVERSITY KEEPS RECORDS OF THE DISBURSEMENTS MADE ON BEHALF OF THE FSU FOUNDATION THROUGH ITS SYSTEMS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Michael Hartline
Former Interim Foundation President$0$406,845$0$0$0$25,052$0$27,667$0$11,879$0$471,443$0$0
Richard D McCullough
Trustee/Ex Officio Voting, FSU President$0$857,836$0$337,785$0$170,130$0$98,769$0$32,397$0$1,496,917$0$0
Michael T Queen
Trustee/Ex Officio Voting, Provost-Appointed Dean$0$256,335$0$0$0$12,126$0$26,331$0$23,338$0$318,130$0$0
Thomas Block
Former VP Adv. Relations/Assistant Secretary$0$61,401$0$0$0$94,746$0$8,536$0$16,485$0$181,168$0$0
Marla A Vickers
VP for University Advancement & Foundation President$0$424,874$0$20,000$0$3,125$0$41,144$0$10,343$0$499,486$0$0
Caroline C Poole
Assistant VP of Adv., Strategic Initiatives/Assistant Secretary$0$137,365$0$0$0$27,680$0$16,312$0$23,620$0$204,977$0$0
John F Carrigan
CFO/Assistant Treasurer$0$166,261$0$0$0$0$0$56,696$0$25,539$0$248,496$0$0
Nancy B Smilowitz
Sr. Director of Development, College of Arts and Sciences$0$170,454$0$0$0$0$0$16,583$0$10,135$0$197,172$0$0
Jeffrey T Bauer
Director, Information Services$0$170,139$0$0$0$0$0$27,162$0$469$0$197,770$0$0
James A McNeill
Sr. Director of Development, College of Medicine$0$170,208$0$0$0$0$0$21,940$0$10,760$0$202,908$0$0
Steven Mark Terman
Sr. Director of Development, The John and Mable Ringling Museum of Art$0$160,969$0$0$0$0$0$15,840$0$22,867$0$199,676$0$0
David James VanLone
Sr. Director of Development, College of Business$0$160,676$0$0$0$0$0$15,875$0$23,181$0$199,732$0$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part I, Line 1a First-class or charter travelCHARTER AIRLINE TRAVEL IS PROVIDED FOR THE UNIVERSITY PRESIDENT AND OTHER SENIOR UNIVERSITY AND FOUNDATION STAFF TO BE ABLE TO TRAVEL WITH THE PRESIDENT OF THE UNIVERSITY ON ADMINISTRATIVE AND FUNDRAISING ACTIVITIES FOR FSU WHERE COMMERCIAL FLIGHTS ARE NOT AVAILABLE. THIS WAS NONTAXABLE TO THE UNIVERSITY PRESIDENT AS WELL AS OTHER SENIOR UNIVERSITY AND FOUNDATION STAFF.
Schedule J, Part I, Line 1a Travel for companionsTHE FOUNDATION PAYS TRAVEL EXPENSES FOR THE UNIVERSITY PRESIDENT'S SPOUSE WHO HAS A COURTESY APPOINTMENT WITH FSU AND ACTS AS AN OFFICIAL AMBASSADOR OF THE UNIVERSITY. THIS WAS NONTAXABLE TO THE UNIVERSITY PRESIDENT. THE UNIVERSITY'S EMPLOYMENT CONTRACT WITH THE VP FOR UNIVERSITY ADVANCEMENT/FOUNDATION PRESIDENT STIPULATES THAT THE FOUNDATION SHALL PAY THE TRAVEL EXPENSES FOR THE FOUNDATION PRESIDENT'S PARTNER, TO ACCOMPANY THE FOUNDATION PRESIDENT ON BUSINESS TRIPS. THIS WAS NONTAXABLE TO THE FOUNDATION PRESIDENT.
Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensationCOMPENSATION FOR THE FOUNDATION PRESIDENT IS REVIEWED AND SET BY THE PRESIDENT OF FLORIDA STATE UNIVERSITY, OR DESIGNEE, IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES. THESE POLICIES REQUIRE THAT COMPARABLE DATA BE USED TO DETERMINE THAT MANAGEMENT IS COMPENSATED FAIRLY AND COMPETITIVELY WHEN COMPARED TO SIMILAR ROLES IN OTHER FOUNDATIONS NATIONALLY.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement planRichard D. McCullough, President of Florida State University, participates in a 415(m) Excess Benefit Plan. In calendar year 2023, contributions totaling $148,895 were made to his 415(m) plan. Pursuant to the 415(m) plan document, this amount was included in his taxable wages reported on 2023 Form W-2 Box 5; therefore, this amount is included in Form 990, Schedule J, Part II, Column (B)(III). No distributions were made out of this plan during calendar year 2023.
Schedule J, Part II COMPENSATION PAID BY RELATED ORGEFFECTIVE DECEMBER 14, 2018, ALL EMPLOYEES OF THE FSU FOUNDATION TRANSITIONED TO EMPLOYEES OF FLORIDA STATE UNIVERSITY, A RELATED ORGANIZATION. DURING THE CALENDAR YEAR ENDED 2023, ALL INDIVIDUALS WITH COMPENSATION REPORTED ON FORM 990 PART VII WERE EMPLOYEES OF FLORIDA STATE UNIVERSITY, A RELATED ORGANIZATION.

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution6ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
Method Of Determining RevenuesOther - SEE NARRATIVE ON SCHEDULE M PART IIMethodOfDeterminingRevenuesTxt

Cars And Other Vehicles CarsAndOtherVehiclesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$6,357NoncashContributionsRptF990Amt
Method Of Determining RevenuesOther - PUBLISHED VALUEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution59ContributionCnt
Noncash Contributions Rpt F990$7,373,589NoncashContributionsRptF990Amt
Method Of Determining RevenuesOther - SALE OF COMPARABLESMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule M, Part I COLUMN (B)THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF UNIQUE CONTRIBUTIONS RECEIVED.
Schedule M, Part I, Line 33 Noncash contribution amounts not reportedTHE FOUNDATION HAS ELECTED TO EXERCISE THE OPTION OF NOT CAPITALIZING ITEMS THAT MEET THE DEFINITION OF COLLECTIONS AS PRESCRIBED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. ALL DONATIONS OF COLLECTIONS ARE TRANSFERRED TO THE UNIVERSITY AT THE TIME OF THE GIFT. THE FOUNDATION RECEIVED DONATIONS OF PAINTINGS, SCULPTURES, PHOTOGRAPHS, MEMORABILIA AND SIMILAR ITEMS WITH A VALUE OF $734,686 AND $3,662,289 FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, RESPECTIVELY.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part I, Line 5 AND PART V, LINES 2A AND 2BEFFECTIVE DECEMBER 14, 2018, ALL EMPLOYEES OF THE FSU FOUNDATION TRANSITIONED TO EMPLOYEES OF FLORIDA STATE UNIVERSITY, A RELATED ORGANIZATION. DURING CALENDAR YEAR 2023 THERE WERE 137 EMPLOYEES PRIMARILY DEDICATED TO WORKING FOR THE FSU FOUNDATION.
Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATIONCOMPENSATION FOR MANAGEMENT IS REVIEWED AND SET BY THE PRESIDENT OF THE UNIVERSITY, OR HIS DESIGNEE, IN ACCORDANCE WITH THE UNIVERSITY'S POLICIES. THESE POLICIES REQUIRE THAT COMPARABLE DATA BE USED TO DETERMINE THAT MANAGEMENT IS COMPENSATED FAIRLY AND COMPETITIVELY WHEN COMPARED TO SIMILAR ROLES IN OTHER FOUNDATIONS NATIONALLY.
Form 990, Part VI, Line 1a Delegate broad authority to a committeeTHE EXECUTIVE COMMITTEE SHALL EXERCISE THE POWERS AND AUTHORITY OF THE BOARD WHEN THE BOARD IS NOT IN SESSION. THE COMMITTEE SHALL INCLUDE THE CHAIR, PAST CHAIR, FOUNDATION PRESIDENT, TREASURER, SECRETARY, THE UNIVERSITY PRESIDENT OR DESIGNEE, THE CHAIR OF THE UNIVERSITY BOARD OF TRUSTEES OR DESIGNEE, THE PRESIDENT OF THE UNIVERSITY FACULTY SENATE, AND THE CHAIR OF EACH STANDING COMMITTEE. THE COMMITTEE SHALL CONSIDER, EVALUATE AND ANALYZE ISSUES THAT HAVE IMPLICATIONS FOR CHANGES TO THE BOARD AND MAKE RECOMMENDATIONS OF APPROPRIATE ACTION TO THE BOARD. IF THE COMMITTEE MEETS TO EXERCISE THE POWERS AND AUTHORITY OF THE BOARD WHEN THE BOARD IS NOT IN SESSION, THE COMMITTEE SHALL HAVE NO AUTHORITY TO ALTER, AMEND OR REPEAL THE ARTICLES OF INCORPORATION OR BYLAWS OR TO ELECT TRUSTEES.
Form 990, Part VI, Line 4 Significant changes to organizational documentsTHE ORGANIZATION'S BYLAWS HAVE BEEN AMENDED TO REDUCE THE NUMBER OF TRUSTEES ON THE BOARD FROM A MINIMUM OF 36 TO BETWEEN 20 AND 25. THE AMENDED BYLAWS WERE APPROVED IN MAY 2024 WITH AN EFFECTIVE DATE OF JULY 1, 2024.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing bodyTHE ORGANIZATION HAS A TRUSTEESHIP AND ENGAGEMENT COMMITTEE WHICH IS CHARGED WITH DETERMINING THE SLATE OF OFFICERS AND RECOMMENDING CANDIDATES FOR ELECTION AS REGULAR TRUSTEES TO THE UNIVERSITY PRESIDENT AND THE BOARD. REGULAR TRUSTEES HAVE VOTING PRIVILEGES AND ARE ELECTED BY MAJORITY VOTE OF THE VOTING TRUSTEES AFTER RECOMMENDATION BY THE TRUSTEESHIP AND ENGAGEMENT COMMITTEE AND CONSULTATION WITH THE UNIVERSITY PRESIDENT. PER THE FLORIDA EXCELLENCE IN HIGHER EDUCATION ACT OF 2018, SIGNED INTO LAW ON MARCH 11, 2018, THE UNIVERSITY BOARD OF TRUSTEES SHALL APPROVE BOARD APPOINTMENTS, OTHER THAN THOSE MEMBERS APPOINTED BY THE TRUSTEE CHAIR OR PRESIDENT, TO THE FLORIDA STATE UNIVERSITY FOUNDATION.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholdersPER THE FLORIDA EXCELLENCE IN HIGHER EDUCATION ACT OF 2018, SIGNED INTO LAW ON MARCH 11, 2018, THE UNIVERSITY BOARD OF TRUSTEES SHALL APPROVE BOARD APPOINTMENTS, OTHER THAN THOSE MEMBERS APPOINTED BY THE TRUSTEE CHAIR OR PRESIDENT, TO THE FLORIDA STATE UNIVERSITY FOUNDATION.
Form 990, Part VI, Line 11b Review of form 990 by governing body1) THE CFO REVIEWS FORMS 990 AND 990-T WITH THE PRESIDENT AND RESOLVES ANY ISSUES OR QUESTIONS WITH THE INDEPENDENT ACCOUNTING FIRM THAT PREPARES THE FORMS. IT IS THE CFO AND PRESIDENT'S RESPONSIBILITY TO CONFIRM THAT THESE FORMS REPRESENT THE FOUNDATION'S FINANCIAL CONDITION FOR THE PERIOD BEING REPORTED AND DO NOT CONTAIN ANY UNTRUE STATEMENTS OR OMIT ANY MATERIAL FACTS. 2) THE FOUNDATION'S BOARD OF TRUSTEES DELEGATED TO THE AUDIT COMMITTEE THE RESPONSIBILITY FOR THE FINAL REVIEW OF THE DRAFT FORMS 990 AND 990-T. 3) ONCE THE AUDIT COMMITTEE REVIEW IS COMPLETE, THE DRAFT FORMS 990 AND 990-T ARE PROVIDED TO EACH VOTING BOARD MEMBER OF THE BOARD OF TRUSTEES PRIOR TO FILING THE FORMS WITH THE IRS. DISTRIBUTION MAY BE IN THE FORM OF ELECTRONIC MAIL, NOTIFICATION OF A LINK TO A WEBSITE OR ACTUAL MAILING OF THE DOCUMENT.
Form 990, Part VI, Line 12c Conflict of interest policyANNUALLY ALL TRUSTEES ARE ASKED TO COMPLETE A CONFLICT OF INTEREST FORM. THE BOARD STAFF LIAISON MONITORS THE PROCESS TO ENSURE THAT COMPLETED FORMS ARE RETURNED BY ALL MEMBERS WITH INDIVIDUAL FOLLOW UP WHEN NECESSARY. COPIES OF ALL FORMS ARE RETAINED. IT IS THE RESPONSIBILITY OF THE ASSISTANT SECRETARY OF THE BOARD TO INFORM THE BOARD CHAIR AND COMMITTEE CHAIRPERSONS OF ANY EXISTING CONFLICTS SO THAT THEY CAN BE SURE THAT BOARD MEMBERS RECUSE THEMSELVES FROM ANY DISCUSSIONS AND/OR ACTIONS INCLUDING VOTES ON ISSUES WHERE THERE IS A CONFLICT OF INTEREST.
Form 990, Part VI, Line 19 Required documents available to the publicTHE FOUNDATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE FOUNDATION'S FINANCIAL STATEMENTS, FORM 990 AND FORM 990-T ARE AVAILABLE ON THE FOUNDATION'S WEBSITE AND UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D).
Form 990, Part VII, Section A, Line 2 NUMBER OF EMPLOYEES > $100,000EFFECTIVE DECEMBER 14, 2018, ALL EMPLOYEES OF THE FSU FOUNDATION TRANSITIONED TO EMPLOYEES OF FLORIDA STATE UNIVERSITY, A RELATED ORGANIZATION. DURING CALENDAR YEAR 2023 THERE WERE 32 EMPLOYEES PRIMARILY DEDICATED TO WORKING FOR THE FSU FOUNDATION WHO RECEIVED MORE THAN $100,000 OF REPORTABLE COMPENSATION.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (14 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtBusiness Name Line2DisregardedEntityName/BusinessNameLine2Txt
FLORIDA STATE UNIVERSITY
282 CHAMPION WAYUCA 2200TALLAHASSEEFL32306591961248EDUCATIONFL501(c)(3)2N/Afalse
FLORIDA STATE UNIVERSITY ALUMNI ASSOCIATION INC
1030 W TENNESSEE STREETTALLAHASSEEFL32304590705420DIRECT SUPPORT ORGANIZATIONFL501(c)(3)7falseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY REAL ESTATE FOUNDATION INC
200 W COLLEGE AVENUETALLAHASSEEFL32301452337977DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY RESEARCH FOUNDATION INC
2000 LEVY AVENUEBUILDING A SUITE 351TALLAHASSEEFL32310593211153DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
SEMINOLE BOOSTERS INC
PO BOX 1353TALLAHASSEEFL323021353591561180DIRECT SUPPORT ORGANIZATIONFL501(c)(3)7falseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY INTERNATIONAL PROGRAMS ASSOC INC
PO BOX 3062420TALLAHASSEEFL323062420593153341DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY SCHOOLS INC
3000 SCHOOL HOUSE ROADTALLAHASSEEFL32311593726188DIRECT SUPPORT ORGANIZATIONFL501(c)(3)2falseFLORIDA STATE UNIVERSITY
THE JOHN AND MABLE RINGLING MUSEUM OF ART FOUNDATION INC
5401 BAY SHORE ROADSARASOTAFL34243596214423DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
FLORIDA MEDICAL PRACTICE PLAN INC
1115 WEST CALL STREETTALLAHASSEEFL323064300571234883DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY MAGNET RESEARCH AND DEVELOPMENT INC
109 WESTCOTT BUILDINGTALLAHASSEEFL323061330134356799DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
FSU COLLEGE OF BUSINESS STUDENT INVESTMENT FUND
821 ACADEMIC WAY509 RBATALLAHASSEEFL323061110264028305DIRECT SUPPORT ORGANIZATIONFL501(c)(3)5falseFLORIDA STATE UNIVERSITY
FLORIDA STATE UNIVERSITY ATHLETICS ASSOCIATION INC
403 STADIUM DRIVE WESTTALLAHASSEEFL32306813227626DIRECT SUPPORT ORGANIZATIONFL501(c)(3)Type IfalseFLORIDA STATE UNIVERSITY
BOSWORTH EDUC FDFLORIDA TW
4900 TIEDEMAN ROADOH-01-49-0381BROOKLYNOH44144346776855Nonexempt charitable trustOH4947 (a)(1)Yes (true)FSU Foundation
FLORIDA STATE UNIVERSITY PANAMA CITY DEVELOPMENTAL LABORATORY CHARTER SCHOO
2430 ST ANDREWS BLVDPANAMA CITYFL32405320783410DIRECT SUPPORT ORGANIZATIONFL501(c)(3)2falseFLORIDA STATE UNIVERSITYL INC
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (true)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (true)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (true)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (true)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd